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Darren Kong
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This Hangout On Air is hosted by Darren Kong. The live video broadcast will begin soon.
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Inveling Take 0.01A
Fri, March 28, 1:21 AM
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Rob RP
 
I am intrigued, and now
 wish to know more.
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Darren Kong

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Koushik Dutta originally shared:
 
The Unintended Effects of Driverless Cars

Google has been working on driverless cars for a few years now. The obvious selling point is that the cars will be much safer without a human behind the wheel.

Currently, a car spends 96% of its time idle. Compare that with planes which spend almost their entire lifetime in operation/airborne. Idle planes aren't making money, and they need to recoup their hefty $120M price tag. There is an unforgiving economic incentive to make sure it is always in use.

The proliferation of driverless cars will have a similar effect. Cars will spend less time idle: why would a household buy 2 (or even 3) cars, when they only need 1? Ride to work, then send the car home to your spouse. Need to go grocery shopping, but your kid also needs a ride to a soccer game? No problem, a driverless car can handle that.

What will begin as households cutting back to a single car, will expand. Why would a family need an entire car to themselves? That's crazy! It may start as extended family in the same area sharing cars, then neighbors sharing cars, and then entire apartment/condo complexes in cities offering driverless cars bundled into their HOA/rent.[2]

The operating percent of a car will go from 4% to that 96%. But back to my leading statement: there are unintended consequences. Parked cars will be a relic from the past. What happens to car insurance prices if a driver is no longer part of the equation? And if cars are receiving 20 times more actual use, that would imply that there would be 20 times less cars sold.[1] This is the kind of disruptive change that can reshape the automotive industry. The recent GM/Chrysler bailout may have been for naught.[3]





[1] Of course, this isn't exactly the case, as the cars would need to be replaced more often due to nonstop usage, but the point stands.
[2] Hell, I'd share a car with my condo complex. I currently don't own a car, I walk or take taxis basically everywhere.
[3] Of course, car companies realize this. And I can guarantee you, they will lobby against driverless cars.
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Darren Kong

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walking down the sidewalk and having wet AC gunk drip on you #ughhh haha
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this is insane. "Microsoft’s Online Business For The Year: Over $2.5 Billion …Lost" via @techcrunch http://t.co/q3AlPKQ
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Darren Kong

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Not a DVF but this is awesome. Wearable computing.
 
Celebrated fashion designer Diane von Furstenberg tried on Glass for the first time a few months ago at a conference that she attended with Sergey Brin. She immediately loved it and they agreed to bring Glass to New York Fashion Week. Diane is a champion for innovation and effortless design, so it’s unsurprising that Glass fit seamlessly into her production. In the week leading up to her Spring 2013 show in New York, and during the show itself, everyone from stylists and models to Diane herself used Glass to capture never-before-seen footage of the creative process. This is the first time any video has been shot entirely through Glass and we’re so excited to be able to share it with you. #DVFthroughGlass  
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Darren Kong

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amazing Nardwuar talk at Ted x Vancouver. the end is too good ;) Note to self: start interviewing people!
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Nardwuar is awesome. Best music journalist ever :)
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